Surface Disinfectants

Surface Disinfectants

Global Surface Disinfectants Market to Reach US$7.0 Billion by 2030

The global market for Surface Disinfectants estimated at US$5.0 Billion in the year 2023, is expected to reach US$7.0 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2023-2030. Surface Disinfectant Liquids, one of the segments analyzed in the report, is expected to record a 4.9% CAGR and reach US$4.2 Billion by the end of the analysis period. Growth in the Surface Disinfectant Wipes segment is estimated at 3.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.4 Billion While China is Forecast to Grow at 7.9% CAGR

The Surface Disinfectants market in the U.S. is estimated at US$1.4 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 7.9% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.4% and 5.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR.

Surface Disinfectants  - Key Trends and Drivers

The surface disinfectant market continues to grow, fueled by heightened concerns about infectious diseases and the necessity for effective hygiene practices. Innovations are aimed at improving the efficacy, safety, and environmental impact of disinfectant products, with a focus on tailored solutions for specific industries and applications. Factors like global urbanization and the expansion of healthcare and hospitality sectors are driving the demand for these critical products.

Key market growth driver includes increased awareness of hygiene practices, spurred by the global COVID-19 pandemic, leading to routine disinfection becoming standard across various settings. Stricter regulatory requirements and guidelines, particularly in healthcare settings, are boosting market growth. Manufacturers are increasingly focusing on the development of advanced disinfectant solutions that are not only effective against a broader spectrum of pathogens but also safer for users and the environment. This includes the creation of eco-friendly formulations and products with reduced toxicity. There is a growing trend toward the use of green and sustainable disinfectant products. Consumers and businesses are increasingly opting for disinfectants that offer effective pathogen control without harmful chemicals that can pose health risks or damage the environment. As the importance of environmental sustainability continues to grow across various sectors, the industry is seeing a significant shift towards the adoption of eco-friendly cleaners and disinfectants. These products play a crucial role in reducing ecological footprints by being biodegradable, minimizing ecosystem impact, and enhancing indoor air quality. Such attributes align closely with the values of younger generations who prioritize sustainability.

The growth in healthcare and hospitality sectors is contributing to increased demand for effective disinfection products. Smart dispensing technology is gaining popularity, especially in institutional and commercial settings, alongside the increased use of disposable disinfectant wipes for quick and easy cleaning. Broad-spectrum and fast-acting disinfectants are also in high demand, particularly in environments requiring rapid microbial reduction, such as hospitals and food processing plants.

Select Competitors (Total 102 Featured) -

• 3M Company
• ABC Compounding Co. Inc.
• Arrow Solutions
• Arrow-Magnolia International Inc.
• Avmor
• Betco
• Diversey Inc.
• DR.SCHNELL Chemie GmbH
• DuPont de Nemours Inc.
• Ecolab G.K.
• Ecolab Inc.
• Kao Corporation
• Lion Corporation
• Metrex Research LLC
• National Chemical Laboratories Inc.
• PortionPac Chemical Corporation
• Procter & Gamble Co.,
• Reckitt Benckiser Group plc
• Spartan Chemical Co. Inc.
• STERIS plc
• The Clorox Company
• Unilever Plc
• Zep Inc.

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